scholarly journals Impacts of Crime on Socio-Economic Development

2021 ◽  
Vol 12 (5) ◽  
pp. 71
Author(s):  
Okpuvwie Ejuvweyere Jonathan ◽  
Akinyede Joseph Olusola ◽  
Tohozin Coovi Aime Bernadin ◽  
Toko Mouhamadou Inoussa

Crime is as old as man and it exists in every society in respective of its level of development. The rate at which criminals operate unhindered in most societies especially in developing countries around the world is worrisome. Crime creates fear and untold suffering among people. Crime often stands as a barrier to socio-economic growth of society, discourages investment, increases the cost of transactions and ultimately fuel migration which eventually creates economic development disparities around the world. The aim of this study is to analyze the manifestation of crime the world over with a view to intimating government of all countries to have a firm control of all criminal activities in their respective countries for a better society. The approach methodology is based on a literature review of scientific journals and reports. Secondary data were sourced from both published and unpublished works as the study applies descriptive method. The main results showed various manifestations of crimes such as banditry, kidnapping, rape, stealing and murder among others. Therefore, crime fuels corruption and destabilizes development of any society.  In conclusion, crime knows no boundary nor personality as it affects people at all levels. This sad activity will continue to be a major factor of lack of socio-economic development if no strong action is taken by governments to effectively tackle the activities of criminals, terrorists and bandits around the world.   Received: 14 May 2021 / Accepted: 5 August 2021 / Published: 5 September 2021

Author(s):  
Elena Pekhtereva ◽  

The review examines the results of the December 2020 official census of the population of China, the most populous country in the world. It is noted that the Chinese government is seriously concerned about the low rate of population growth. The authorities fear that a slowdown in population growth and its aging while the size of the labour force is decreasing may seriously slow down economic growth. The opinions and statements of analysts on the prospects of the demographic situation in China in the context of its socio-economic development are presented.


2020 ◽  
Vol 1 (2) ◽  
Author(s):  
Zhuobi Luo

The dissimilation of the social functions of commercial banks is a phenomenon that the function of commercial banks deviates from the economic development and the people's livelihood. Such phenomenon, which can be seen all over the world, impedes the socio-economic development and affects the well-being of the people to some degree. After investigating and analyzing the dissimilation of the social functions of Chinese commercial banks, it was found that their social functions play a significant role, and the booming development of these banks has made great contribution to the economic growth and improved people's livelihood in China. China should also have special experience in preventing and handling this dissimilation.


2018 ◽  

Energy is an important factor for socio-economic development of any country. Economic development in developed and developing countries is impossible without energy. Various studies have shown that important energy issues are seriously taken into account in different countries in current circumstances including providing enough energy to meet human needs, attaining a minimum economic growth, solving regional environmental problems, increasing energy efficiency and supply of needed capital for investment in the energy sector. Energy management program has been implemented in different countries since early 1970s. This program consists of macro policies in the energy sector to reduce organizing energy demand, development of proper organizations, legislation of necessary laws and regulations and implementation of management programs.


Author(s):  
Serhii Shcherbak

The article discusses the objective need to use the world experience of forecasting and planning in the process of developing a "welfare state" as an effective model for the modern development of a socially oriented market economy. The denial and lack of planning and forecasting of the economy on the scale of the country can lead to such negative consequences as uncertainty of the benchmarks of social and economic development of society for the long term and the development of chaos in the country; priorities of the decision short-term and current problems before strategic tasks on which the future development of society depends; preservation of playback modes; incomplete and inefficient use of resources; the emergence of crisis situations, etc. The practice of the leading countries of the world and the results they get prove that planning and forecasting are objectively necessary tools for the development of the modern market economy. The experience of many countries of the world testifies to the effectiveness of the use of these tools of state regulation of national socio-economic development. Features of forecasting and planning are considered in the representative countries of three existing systems of planning and regulation in the world: North American (USA and Canada); Asian (Japan and South Korea); European (France and Sweden). The forecasting and planning tools are based on the intersection balance model, which involves the inclusion of market impact (equilibrium prices) to determine the proportions of the plan and reflects the dynamics of production links (processes of public reproduction) of the national economy for several years. In the 21st century, strategic planning for the effective development of the state's economy is a prerequisite for sustainable economic growth and the formation of a national model of "welfare state" on this basis. Today, developed (post-industrial) countries use planning and forecasting, which have established themselves as an objective and natural tool for the modern market economy, where the role of the state is based on indicative planning, which ensures the achievement of sustainable economic growth to improve the well-being of the nation.


KANT ◽  
2021 ◽  
Vol 38 (1) ◽  
pp. 64-68
Author(s):  
Oksana Vladimirovna Sorokina

The global coronavirus pandemic has had an impact on the socio-economic development of the world. The article assesses the economic growth in the EAEU member States for 2020. Specific features of the development of the Union's economies are defined. Recommendations for increasing the rate of economic growth are formulated.


2018 ◽  
pp. 139-149
Author(s):  
Roman ZVARYCH

Introduction. Globalization has accelerated the transformation of authoritarian societies into the perception of individual elements of the liberal-market model. It created favorable conditions for their cooperation with developed Western countries; stimulated economic modernization; and attracted countries to world economic processes. Positive shifts in the development of developing countries are associated with high rate of growth. But on the other hand, globalization left national states little chance to preserve their own economic, political and cultural sovereignty and strengthened their dependence on the developed world. Purpose. Purpose of the article is research of the unequal economic participation and divergence of economic inequality in developing countries and estimation of their impact on the uneven development of the world. Methods. The method of content formalization the development, growth and convergence of developing countries is used; hypothetical-deductive method in evaluating the level of preindustrial inequality in the world is used; systematic approach to analyze income gap per capita between rich and poor countries is used; hypothesis method for poverty reduction ways and geopolitical risks elimination is used. Results. The research is focused on development, growth and convergence of developing countries in the world economy. It is estimated the level of preindustrial inequality and it is established the starting point of its occurrence in the world. The developing and industrialized world is concentrated in dozens of countries where economic growth was associated with structural changes in production and employment. The research showed a gap in income per capita between rich and poor countries. The exclusion of the least developed countries is a key factor of international inequalities in the world as a whole and within the developing regions. It is defined the share of people below the poverty line and the level of its influence on world development. If rapid growth has led to human development and social progress in some countries, then in much more countries this growth has not provided development. It is explored the poverty reduction measures, non-economic factors and geopolitical risks that can destroy the further growth of developing countries. Conclusion. In a context of structural change, the development of the global economy will largely depend on the growth rates of developing countries. Despite the growing of economic power, developing countries can face certain specific problems associated with the pursuit of rapid economic growth. For economic development, developing countries should eradicate poverty, create jobs and inclusive growth. This sustainable way of developing mobilizes human resources of developing countries. The spread of education is the basis of the development of countries that industrialized late. Infrastructure, both physical and social, is the basis for the earlier stages of industrialization. Developing countries should strive to combine economic growth with human development and social transformation. This requires the creative interaction between the state and the market over the dominance of the market model.


2007 ◽  
pp. 127-139
Author(s):  
V. Gelbras

China has achieved great results in economic growth. But the country has had to pay a high price for them. Slowing dynamics of the domestic market, growing gap in the social and economic development of regions, impoverishment of its rural population are a small number of existing problems caused by China’s attempts to catch up with the world leader - the USA.


Federalism ◽  
2020 ◽  
pp. 26-41
Author(s):  
A. V. Odintsova

The adoption of the Strategy for the Spatial Development of the Russian Federation marked a new stage in the development of the practice of territorial strategizing. However, the lack of terminological clarity is one of the factors limiting the potential of this institution. Thus, the sustainability of socio-economic development, which is somehow present as the main goal in most territorial strategies, raises a number of questions. Taking into account the accumulated domestic and world experience, there are several interpretations of this concept: sustainability as stable rates of economic growth; sustainability as a concept developed at the UNO, requiring a balanced account of the environmental, social and economic components of social development; resistance to counteraction to various challenges and shocks. This article attempts to outline the main problems that arise due to the lack of clarity in the “dilution” of these concepts. In the world scientific literature and practice, the territorial potential for resilience to disasters has long been described by the concept of “resilience”, the content of which is considered in the paper.


2021 ◽  
Vol 3 (2) ◽  
pp. p63
Author(s):  
George FUH KUM

This paper studies the Green Revolution and its input to Cameroon’s planned development agenda from 1973 to 1986. After attaining statehood, Cameroon like most African states, espoused strategies, aimed at enhancing its socio-economic developments. All these emerged from its foremost planned development policy, introduced in 1960. This policy initially laid emphasis on industrialisation, which was too costly and inert to spur socio-economic growth. Agriculture was thus reconsidered as the basis for real development in the country and the green revolution ideology was adopted to embolden this ambitious quest. Launched in 1973, the revolution did swiftly and hugely enhance Cameroon’s socio-economic development, but nevertheless faded due to obvious deficiencies and the setting in of the economic crunch in 1986. This paper argues that despite its merely ideological bearing and hasty end, the Green Revolution remained a very vital spur to Cameroon’s planned development programme and propounds perspectives for more enhancing inputs. It is built on primary and secondary data and analysed qualitatively.


Author(s):  
Y. K. Zaytsev

The article discusses the role of international trade in promoting economic growth and socio-economic development of the poorest countries. The analysis of foreign trade statistics shows that the modality of the relationship between trade and economic development has changed, depending on a large number of factors, including tariff and non-tariff such measures. In the first part of the article the author examines the theoretical concepts that describe the impact of international trade on the socio-economic development of the poorest countries. Having analyzed a wide range of literature, the author identifies two approaches to the understanding the issue, "old" one establishing a direct link between trade, economic growth and long-term development, and the "new" one problematizing this link. The second part of the paper examines the place of protective measures for trade in developing countries. It shows that the removal of the protective measures as a result of trade liberalization does not always go for the benefit of developing countries. The last part of the article evaluates the impact of protective measures on trade and economic development in the poorest countries on the basis of total trade restrictions index. The author comes to the conclusion that international trade and the strengthening of export potential should be a tool, but not the key objective of national economic policy of the poorest countries.


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